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Key Details
Sold Price $1,675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Palisades (Ps)
MLS Listing ID OC22095771
Sold Date 05/31/22
HOA Y/N No
Year Built 1978
Lot Size 8,563 Sqft
Property Description
AMAZING DUPLEX-WALK TO THE BEACH -LIVE IN ONE AND RENT OUT THE OTHER-duplex in the highly desirable Palisades neighborhood in Capistrano Beach. The lower unit is a 2 bedroom 2 bath and the upper unit features 2 beds, 2 baths, plus an upper loft that can be used as a bedroom, which contains its own half bath. The building has been lovingly maintained and highly upgraded, as the owners originally intended to live in it themselves someday. Both units have long term excellent tenants with perfect records of timely payments, but both are on a month to month lease. Upside potential due to current rents below market. Parking is plentiful with 2 separate attached garages and a driveway covered in pavers that accommodates 7 additional cars! Peek ocean view. The elementary school and the beach are within a short walking distance. DO NOT DISTURB TENANTS. DRIVE BY ONLY. All Offers Subject to Interior Inspection.
Location
State CA
County Orange
Area Cb - Capistrano Beach
Interior
Heating Central
Cooling None
Flooring Laminate
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Spaces 2.5
Garage Description 2.5
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 2
Private Pool No
Building
Lot Description Yard
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 69140126
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Tony Garoosi • MBI Properties
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